Are there any opinions out there on using ranked rate of return,ROAR (i.e. value change measured over the last 12 months divided by value), whereby the top ten with liquidity are purchased, no more than 4 in a sector.
As I am a 'newbie', my share education will take time, I can spare only a few hours a week, am looking at medium term investing and therefore figure this is better than nothing, even if it is a little unsophisticated.
Alan Hull produces a Blue Chip stock list every friday www.bluechipreport.com.au, that ranks stock by ROAR, and delists them if they hit a 20% stop loss.
Thoughts kindly appreciated.